Strong Russian coin results helped Stack’s Bowers achieve more than $14 million at its American Numismatic Association World’s Fair of Money auction in mid August.
The firm called the ancient and world coin portion a resounding success.
“Overall, prices realized were robust, with many previously soft areas showing a marked increase in bidder activity,” the firm noted.
Setting the pace early on, the third Russian coin offered was Lot 31132, a Peter the Great ruble dated 1720 (the finest graded by over 2 points), which realized $34,075 on a $30,000 to $40,000 estimate.
An Ivan VI ruble dated 1741-CNB in AU-55 realized $21,150 on an $18,000 to $22,000 estimate.
Additionally, Lot 31180, a spectacular platinum 1831/0-CNB 6 ruble crossed the block for $28,200 on a $20,000 to $30,000 estimate.
Lot 31202, an 1885-CNB AT 3 ruble in MS-64, finished the day at $15,275, more than triple high estimate.
Even lower grades showed strength.
Lot 31161, a 1780-CNB gold 10 ruble graded Fine-15 realized $3,290 on a $2,000 to $3,000 estimate.
A Paul I ruble dated 1797-CMOU as Lot 31170 grading Extremely Fine-45, closed at nearly twice high estimate for $5,875.
All prices realized include a 17.5 percent buyer’s premium.
In the case of Brazil, a trio of hefty 20,000 reis coins dated 1724, 1725 and 1727 sailed past high estimates with closing bids near or above $10,000 each. Additionally, a 1728-M Brazil 12,800 Reis as Lot 30148 realized $4,993.25, considerably more than twice the $1,400 to $1,800 estimate.
A similar trend was readily evident in the extensive offering of talers, taler-sized crowns, and multiple talers from the Q. David Bowers Collection. Among the 37 coins listed in the Swiss section, 26 exceeded their high estimate, with Lot 31307, a 1798-BA Helvetian Republic 40 batzen soaring to over five times high estimate and closing at $11,162.50.
Other central European talers included an exceptionally rare Pfalz-Electoral Taler dated 1611 from the Heidelberg Mint as Lot 30320, which was sold for $25,850 on a $10,000 to $15,000 estimate.
Visit www.stacksbowers.com for more information.
This article was originally printed in World Coin News.
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